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March 13 BTC/ETH:
After several days of sideways movement, did a small rally today signal the bull's arrival?
The biggest factors determining the market's major trend are the results of Fed rate cuts and geopolitical conflicts, which directly determine whether major players can enter and push up prices. First, the Fed's March 18 rate decision will definitely not cut rates, and geopolitical conflicts remain in a stalemate. Looking at the funding rates from yesterday, the short-term rally showed negative numbers, which is the usual pattern of taking large gains and accepting small losses, but it has already turned positive!
BTC
Current price has touched the 7200 daily line resistance. The biggest resistance above is 7400. There's a certain need for pullback intraday—the key is whether the pullback can break below 7060. If it cannot break through, the rebound will continue steadily and we should wait near 7400. If the hourly chart closes above 7200, manually exit.
Operating around the 7180-7230 range, defend 7290, target 7060; if broken, watch 6940-6830.
ETH
Operating around the 2136-2157 range, defend 2201, target 2072; if broken, watch 2037-2003.
Short-term trading moves flexibly; set defense levels based on your actual position size!$BTC #加密市场上涨